Tue, March 24
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Posts by Harshini Chakka

Strategy Issues Preferred Stock to Steady Bitcoin Bet

Strategy Issues Preferred Stock to Steady Bitcoin Bet

Strategy is increasing its program of preferred stocks to buy more Bitcoins as it seeks to reduce the impact of market volatility. The company wants to continue accumulating Bitcoin while also limiting the volatility that often rattles its common shares. The new preferred product, called “Stretch,” pays a variable dividend

February 12, 2026 3 mins read
X Money Beta to Launch in 1–2 Months, Musk Says

X Money Beta to Launch in 1–2 Months, Musk Says

Elon Musk says X Money will go live in an external beta within the next one to two months, marking a major step in his plan to turn X into an “everything app.” He shared the timeline during an “All Hands” presentation at his AI company, where he confirmed that

February 12, 2026 3 mins read
Uniswap Wins Early Dismissal in Bancor Patent Case

Uniswap Wins Early Dismissal in Bancor Patent Case

A New York federal judge has dismissed a patent infringement lawsuit filed by Bancor-affiliated entities against Uniswap, delivering an early procedural win for the decentralized exchange giant. The court ruled that the patents at issue claim abstract ideas and therefore do not qualify for protection under US patent law. Judge

February 11, 2026 3 mins read
Crypto PAC Pledges $5M for Barry Moore Senate Run

Crypto PAC Pledges $5M for Barry Moore Senate Run

A crypto-aligned super PAC affiliate plans to spend $5 million to support Barry Moore’s U.S. Senate campaign, according to reports. Defend American Jobs, linked to the prominent crypto PAC Fairshake, will launch a five-week advertising campaign featuring former President Donald Trump endorsing Moore. The ads will run on broadcast television

February 11, 2026 3 mins read
US Credit Card Debt Hits Record $1.28 Trillion

US Credit Card Debt Hits Record $1.28 Trillion

U.S. consumers ended the fourth quarter with $1.28 trillion in credit card balances, marking the highest level on record. The Federal Reserve Bank of New York found that there’s been a gain of $44 billion during the three months, which indicates how households depend on revolving credit amid mounting pressures.

February 11, 2026 3 mins read
CZ Pushes Back, Says Traders Must Own Risk, Not Blame Binance

CZ Pushes Back, Says Traders Must Own Risk, Not Blame Binance

Changpeng “CZ” Zhao, co-founder of Binance, has pushed back sharply against critics blaming the exchange for trading losses. In a series of posts on X, Zhao argued that traders and commentators often shift responsibility when markets turn red, instead of owning their decisions. Zhao said that negative narratives around Binance

February 10, 2026 3 mins read
Fed’s Waller Says Crypto Hype Fades as TradFi Ties Deepen

Fed’s Waller Says Crypto Hype Fades as TradFi Ties Deepen

Federal Reserve Governor Chris Waller says the wave of excitement that swept through crypto markets after President Donald Trump’s election win has started to cool. Speaking at a conference on Monday, Waller explained that deeper links between crypto and traditional finance have changed market behavior and forced investors to reassess

February 10, 2026 3 mins read
Ark Invest Buys More Bullish as Stock Surges Over 16%

Ark Invest Buys More Bullish as Stock Surges Over 16%

Cathie Wood-led Ark Invest bought additional shares of Bullish on Monday as the stock posted a sharp rally alongside broader strength in equity markets. This move reflects Ark’s continued confidence in crypto-related equities, even in the presence of volatility in the prices of digital assets. According to Ark’s disclosure of

February 10, 2026 3 mins read
Xinbi Processed $17.9B After Telegram Ban, TRM Labs Finds

Xinbi Processed $17.9B After Telegram Ban, TRM Labs Finds

A Chinese-language crypto guarantee service known as Xinbi processed nearly $17.9 billion in on-chain transaction volume despite platform bans and enforcement actions, according to a new report from TRM Labs. The findings show how parts of crypto-enabled laundering infrastructure continue to adapt rather than disappear under regulatory pressure. TRM Labs

February 9, 2026 3 mins read
Bithumb Recovers Nearly All Bitcoin After Airdrop Error

Bithumb Recovers Nearly All Bitcoin After Airdrop Error

Bithumb has recovered almost all Bitcoin mistakenly distributed during a recent reward event error, easing concerns around customer asset safety and market disruption. The South Korea-based exchange said it retrieved about 99.7% of the Bitcoin credited to users by mistake and used its own funds to settle the remaining amount

February 9, 2026 3 mins read
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